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Read More: Obama’s Chance to Do Something Right: Nominate Hagel for Secretary of Defense; Why the War Party Fears Hagel
The Bears’ Prayer Posted by Michael Shedlock at 11:58 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy
See more here: Lauren Lyster Moves to Yahoo Finance
View article: Nikkei Soars as Yen Sinks to 30-Month Low
Politico notes Obama’s staged event, jokes draw McCain rebuke The crowd was nothing if not adoring. ("Thank you for having us!" Two standing ovations.) And the president did seem in a good mood.
Obama Deal Adds $3.97 Trillion to Deficit Over 10 Years; Only 5 Republicans Voted Against; White-Flag Surrender For all the pissing and moaning over the fiscal cliff, there was never much of a "cliff" in the first place. Worse yet, every delay made matters increasing irresponsible in terms of addressing the deficit. The final result, as passed by the Senate, watered down budget cuts from $600 billion to a mere $12 billion
Follow this link: Ho Hum – Fiscal Cliff Deal Stalls – Republicans Offer More and More Concessions; Poison Pill Nonsense
Congress has done such a beautiful job handling the fiscal cliff and debt ceiling that president Obama felt it mandatory to issue an Executive Order Giving Biden, Congress Pay Raises President Barack Obama issued an executive order to end the pay freeze on federal employees, in effect giving some federal workers a raise. One federal worker now to receive a pay increase is Vice President Joe Biden
View article: France Economic Implosion Underway; French Retail Sales Contract 9th Consecutive Month as Cost Inflation Surges